What are the main benefits of the IndianOil Kotak Credit Card?

The IndianOil Kotak Credit Card offers significant savings on IndianOil fuel, accelerated rewards on dining and groceries, and a welcome bonus.

How can I earn reward points with my IndianOil Kotak Credit Card?

You earn 24 points per INR 150 on IndianOil fuel, 12 points on dining/groceries, and 3 points on other spends with the IndianOil Kotak Credit Card.

Is there an annual fee for the IndianOil Kotak Credit Card?

Yes, the IndianOil Kotak Credit Card has an annual fee of ₹449 + GST, which can be waived on spends of ₹50,000 annually.

What is the welcome benefit for the IndianOil Kotak Credit Card?

The IndianOil Kotak Credit Card provides 1000 Reward Points as a welcome benefit upon spending INR 500 within 30 days of issuance.

Can I get a fuel surcharge waiver with the IndianOil Kotak Credit Card?

Yes, the IndianOil Kotak Credit Card offers a 1% fuel surcharge waiver on IndianOil transactions between INR 100-5000, max ₹100 per cycle.

How do I redeem reward points from my IndianOil Kotak Credit Card?

You can redeem points from your IndianOil Kotak Credit Card via the Kotak Rewards portal, as cashback, or convert them to IndianOil XTRAREWARDS points.

Does the IndianOil Kotak Credit Card offer any insurance benefits?

Yes, the IndianOil Kotak Credit Card includes a personal accident insurance cover worth INR 2 Lakhs.

What is the foreign currency markup on the IndianOil Kotak Credit Card?

The foreign currency markup for the IndianOil Kotak Credit Card is 3.5% on international spends.

Is the IndianOil Kotak Credit Card suitable for daily expenses?

Yes, the IndianOil Kotak Credit Card is well-suited for daily expenses, offering rewards on fuel, dining, groceries, and other retail spends.

How does the IndianOil Kotak Credit Card help save on fuel?

The IndianOil Kotak Credit Card helps you save up to 5% on IndianOil fuel through reward points and a 1% fuel surcharge waiver.

Kotak Mahindra Bank

IndianOil Kotak Credit Card

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Last updated: 27 October 2025

Benefits & Features

Explore key benefits designed to maximize your lifestyle

Welcome Offer

1000 Reward Points on spending INR 500 or more within 30 days of card issuance.

Rewards Rate

Earn 24 RP/INR 150 on IndianOil fuel, 12 RP/INR 150 on dining/groceries, 3 RP/INR 150 on others.

Reward Type

Reward Points

Reward Redemption

Redeem points on Kotak Rewards (25p/point), as cashback (20p/point), or convert to IndianOil XTRAREWARDS.

Domestic Lounge Access

Not Applicable

International Lounge Access

Not Applicable

Premium Benefits

Concierge services include golf reservations for Rupay variant cardholders.

Insurance Coverage

Receive an insurance cover worth INR 2 Lakhs for personal accidents.

Movie

Movie vouchers available for redemption through the Kotak Rewards portal.

Dining

Earn 2% back as Reward Points on dining spends, capped at 800 RP per cycle.

Travel Benefits

Concierge services for car rental, limousine, travel booking assistance (Rupay variant only).

What matters, explained clearly

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Frequently Asked Questions

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